Rules Navigator

Register

Federal judge rules CFPB must continue to seek Fed funding

U.S. District Judge Amy Berman Jackson.
Photo: Alex Wong/Getty Images

Alexander Barzacanos

 Click to share on Facebook (Opens in new window/tab) Click to share on Twitter (Opens in new window/tab) Click to share on LinkedIn (Opens in new window/tab) Click to share on WhatsApp (Opens in new window/tab)

Trump administration lawyers argued that because the Federal Reserve was operating at a loss, the CFPB could not request funds from it.

Judge Amy Berman Jackson of the US District Court for the District of Columbia has ruled that the Trump administration could not let Consumer Financial Protection Bureau (CFPB) funding lapse by refusing to seek quarterly transfers from the Federal Reserve.  

That is, at least, until the complex legal fight to

Register for free to keep reading

To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.

  • Unlimited access to industry insights
  • Stay on top of key rules and regulatory changes with our Rules Navigator
  • Ad-free experience with no distractions
  • Regular podcasts from trusted external experts
  • Fresh compliance and regulatory content every day
Register for free
Sign in
, , ,